Turkish Stocks Based on a Self-learning Algorithm: Returns up to 58.49% in 1 Month
Turkish Stocks
This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 Turkish stocks with bullish and bearish signals:
- Top 10 Turkish stocks for the long position
- Top 10 Turkish stocks for the short position
Package Name: Turkish Stocks
Recommended Positions: Long
Forecast Length: 1 Month (7/7/2019 – 8/8/2019)
I Know First Average: 6.82%
In this 1 Month forecast for the Turkish Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The highest trade return came from ETILR.IS, at 58.49%. BTCIM.IS and DURDO.IS also performed well for this time horizon with returns of 10.64% and 10.56%, respectively. The package had an overall average return of 6.82%, providing investors with a 7.25% premium over the XU 100 return of -0.43% during the period.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.